Property Attributes
- MLS#2410933
- TypePending
- ParishTERREBONNE
- CityHouma
- Zip70363
- StyleTownhouse
- Price$ 1,200,000
- Bedrooms51
- Full Bathrooms27
- Half Bathrooms1
- Sqr Footage21919
- Lot Size1 Acres
Data Source:
Gulf South Real Estate Information Network
Property Description
Multi-family complex consisting of 25 units in 3 buildings available for sale! Just around the corner from supermarkets, restaurants, and other business establishments this investment property consists of 24 units having 2 bedrooms, 1 full bath. The 25th unit can be an on-site manager or ownerâs unit with 3 bedrooms, 3.5 baths. These units are currently 96% occupied and have month to month leases allowing opportunities to increase value through renovations, amenity upgrades and rent increases. There is also a separate laundry area with hook ups for 6 washer and 6 electrical dryers for additional revenue. Tenants pay electric and water. Owner pays for trash and takes care of grounds maintenance. Roof was replaced 2021. Flood zone C. The property is located approximately 10 minutes from Hwy 90, 35 minutes from I-310, or 60 minutes from New Orleans metropolitan area. Please do not disturb the tenants.
Price History | |
---|---|
8/29/2023 | Listed $1,350,000 |
1/17/2024 | 12% - $1,200,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Central |
Cooling | Central Air |
Roof | Shingle |
Pool Features | None |
Construction Materials | Brick |
Year Built | 1977 |
Tenant Pays | Electricity,Water |
Stories | 2 |
Levels | Two |
Property SubType | Townhouse |
County | Terrebonne |
Property Type | Residential Income |
Contingency | Buyer Financing |
Status | Pending |
Directions | From Hwy 90,exit 210 for LA-182 W towards Houma,(L) on LA-182 W,go over the bridge,(L) at light Hayes St,(R) on Friendswood Dr |
City | Houma |
Buyer Agent Compensation | 3 |
Street Name | FRIENDSWOOD |
Year Built Details | 46 |
Property Condition | Average Condition,Resale |
Days on Market | 171 |
Structure Type | Townhouse |
Standard Status | Pending |
Property Sub Type Additional | Townhouse,Apartment |
Buyer Agent Compensation Type | % |
PostalCity | Houma |
Legal Description | Tracts I-1 & I-2,portion of Block 20,Adden. #2 Friendswood Place Subdivision |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Full Baths | 27 |
Half Baths | 1 |
Street Suffix | Drive |
Total Bedrooms | 51 |
LivingAreaSource | Measured |
Exterior Features
Parking Features | Parking Lot |
---|---|
Lot Features | 1 to 5 Acres,City Lot |
Water Source | Public |
Lot Size Area | 1 |
Foundation Details | Slab |
Lot Dimensions | 213 x 152 x 28/50 x 241 x206 |
Lot Size Acres | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool